Consistent with section 201(a)(2) of the Implementation Act, Panama is to be removed from the enumeration of designated beneficiary developing countries eligible for the benefits of the Generalized System of Preferences (GSP).

WHITEHOUSE: The White House

Poland and Hungary are now seeking access to a number of U.S. trade and financial privileges, including: permanent or multi-year most-favored-nation status, tariff benefits under the generalized system of preferences, eligibility for Overseas Private Investment Corporation programs and large-scale debt relief.

CENTERFORSECURITYPOLICY: Center for Security Policy | ��East-West Relations At A Crossroads: The Role Of Western Economic And Financial Assistance��

Generalized System of Preferences (GSP).

CENTERFORSECURITYPOLICY: Center for Security Policy | The Future of U.S.-Soviet Relations: Economic Relations and Human Rights

David Rosenberg, the former Merrill Lynch economist, now with the Canadian firm Gluskin Sheff, has argued that the run up in commodity prices is not a forerunner of a generalized inflation because incomes are not rising and there is huge excess capacity in the economic system, as indicated by high levels of unemployment.

FORBES: Commodity Bubble Redux In Full Effect